What are the employer and employee IGSS contributions and what is the total labor cost load on base pay?

According to PwC Worldwide Tax Summaries (reviewed Jun 9, 2026), the employer contributes 12.67% of the monthly payroll to social security and the employee 4.83% of monthly pay;… PwC states there are no payroll taxes other than social security and does not break that figure down. That 12.67% is the total employer social charge collected through the IGSS payroll. As a total-cost reference, the State Department's ICS 2024 notes that mandatory benefits, bonuses and employer contributions can come to around 55% of an employee's base salary.